There has been a lot of talk about “Shadow Inventory” recently. This refers to properties with delinquent mortgage loans. It is currently estimated that there are 7.7 million properties with delinquent mortgages, and that over half …
The economic struggles of Maui have been no secret. Businesses are closing down, citizens are losing their jobs, and real estate prices have fallen drastically. Now, in one more blow to the struggling economy, sugar producers …
Did you know that you can take advantage of the Homebuyer Tax Credit even if you are not a first time home buyer? The tax credit which was set to expire on November 30, 2009 has …
Opportunities abound as more and more Sellers get realistic on their pricing. With new REO’s hitting the market each week, Sellers are either dropping their prices or accepting offers well below asking. Some of these are …
The end of 2009 was about as good for Maui real estate as the beginning of the year. The number of units sold was down overall, although there was a slight improvement in the number of …
Who is buying Maui Real Estate? In order to answer this question, we should first look at what has been selling. Last year, there were a total of 1687 properties sold that were as reported through …
The tide is turning. You know the market is shifting in to a higher gear when you receive 10 offers on one listing and 5 offers on another one within days of listing the property. This …
It is the start of a New Year and a new decade. Although we know there are many naysayers out there predicting doom and gloom; we are certainly are not in that camp at all. On …
Have you noticed that our introductions seem to be getting shorter and shorter? The reason is that as the market has improved, we have become so busy, it is a full time job just keeping up …
Have a wonderful week. On November 30, 2009, U.S. Department of the Treasury announced the Home Affordable Foreclosure Alternatives Program (HAFA), which provides financial alternatives to servicers, borrowers, and investors for a closed short sale or …